Banner -University Medical Group (EIN 942958258) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Phone

6027474000

Tax Period

2023-01-01 to 2023-12-31

Banner -University Medical Group, founded in 1983, is a major nonprofit in the Health Care sector that reported $538.8M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $705.9M exceeded revenue, resulting in a 31% operating deficit.

Mission

ASSIST BANNER HEALTH (BH) COMPLETE ITS MISSION TO MAKE HEALTH CARE EASIER SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,094,453

Program Service Revenue $537,755,185

Investment Income $0

Other Revenue $0

TOTAL REVENUE $538,849,638

Expense Breakdown

Grants Paid $1,550,863

Salaries & Benefits $573,970,853

Fundraising Expenses $0

Program Expenses $634,339,041

Other Expenses $130,421,053

TOTAL EXPENSES $705,942,769

Year-over-Year Comparison

	2023	2022	Change
Revenue	$538,849,638	$487,837,050	+0.1%
Expenses	$705,942,769	$636,011,874	+0.1%
Net Income	$-167,093,131	$-148,174,824	+0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

3450

Volunteers

244

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,388,131

Total Directors

$8,211,066

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director/Treasurer (UNTIL 3/3/23) / CFO - Banner Health	2.0	Officer Director	$0	$11,219	$1,956,159
N/A	Co-Chairman	4.0	Officer Director	$0	$0	$0
N/A	DIRECTOR/SENIOR VP, PHYSICIAN ENTERPRISE	40.0	Officer Director	$0	$250,933	$1,056,275
N/A	TREASURER	2.0	Officer Director	$0	$468,800	$1,481,563
N/A	Co-Chairman / CEO	40.0	Officer Director	$737,362	$156,772	$894,134
N/A	DIRECTOR	4.0	Director	$0	$0	$0
N/A	Director (until 10/13/23)	4.0	Director	$0	$0	$0
N/A	Director / CCO - Banner Health	2.0	Director	$0	$812,343	$2,822,935
N/A	Director	4.0	Director	$0	$0	$0
N/A	Secretary	4.0	Officer	$0	$0	$0
N/A	SUPERVISOR, FACULTY PHYSICIAN PROGRAM DIRECTOR - SPORTS MEDICINE	40.0	Highest	$1,307,116	$13,541	$1,320,657
N/A	PHYSICIAN EXECUTIVE ADVANCE HEART FAILURE	40.0	Highest	$1,699,063	$27,129	$1,726,192
N/A	Physician	40.0	Highest	$1,485,772	$44,258	$1,530,030
N/A	Physician	40.0	Highest	$1,662,668	$19,310	$1,681,978
N/A	PHYSICIAN	40.0	Highest	$1,357,888	$36,564	$1,394,452
N/A	Former Director	0.0		$0	$38,565	$540,167
N/A	Director / Chief Strategy/Growth Officer - Banner Health	8.0		$0	$873,358	$2,691,224
N/A	Former VP Financial Operations & Division CFO	2.0		$0	$0	$409,200
N/A	Former Officer	0.0		$0	$22,960	$228,285

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$538,849,638	$705,942,769	$90,744,185	$-167,093,131
2022	$487,837,050	$636,011,874	$98,779,478	$-148,174,824
2021	$467,538,007	$611,785,668	$97,355,267	$-144,247,661
2020	$430,700,514	$556,154,216	$113,177,874	$-125,453,702
2019	$393,543,379	$539,541,900	$66,611,754	$-145,998,521
2018	$365,449,586	$508,854,914	$80,580,396	$-143,405,328

Banner -University Medical Group